The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...

Fraud is widespread in the United States and increasingly driven by technology. For example, 93% of credit card fraud now involves remote account access, not physical theft. In 2023, fraud losses ...

The key challenge in credit card fraud detection lies in the imbalance between legitimate and fraudulent transactions. Fraud cases typically represent less than 1 percent of total transactions, ...

Fraud detection requires leveraging new tools and models to keep ahead of increasingly sophisticated fraud. Financial institutions use AI to detect and prevent billions of dollars of fraud each year ...

Digital transactions have emerged as a dominant force in today’s global commerce sector, empowering businesses and financial institutions like never before. However, at the same time, this transition ...

Today’s fast-paced online world is underlined by systems that allow it to move that fast. Whether it’s the latest advancements to transport systems, faster internet connections, or more real-time ...

Hybrid AI bridges this gap by combining adaptable analytics with immediate expert rules. This makes it the only approach that enables institutions to deliver fast, secure, and compliant payments and, ...

AI has been used to defraud people through everything from calling voters to faking celebrity giveaways. Now, the US Treasury Department claims machine learning AI has played a critical part in its ...

Allianz UK detected over 15,800 insurance frauds across personal, commercial and specialty lines worth £92.6m in the first six months of 2025.